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20121129
20121207
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CNNW 5
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Search Results 0 to 4 of about 5 (some duplicates have been removed)
CNN
Nov 29, 2012 1:00pm PST
and republican side on the fiscal cliff. some breaking news on what the white house asked for and whether republicans are going to give it to them. we're going to talk about that. back to you. >> we'll be watching you top of the hour. thanks so much. >> up next, the vice president of the united states, joe biden, goes shopping and eating. >> get fat just walking through this store. >> the vp visited costco, but needed some help with his shopping list. jeanne moos shows us why. to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million membe
CNN
Nov 29, 2012 5:00pm PST
're getting a look at what the white house is offering to stop the fiscal cliff stalemate. drastic mandatory tax hikes and spending cuts will kick in with the new year unless, unless the white house and republicans can reach a deal. for weeks, gop lawmakers have said we're just waiting for the white house to give details, specifics, some numbers. well, tonight that's happened. the white house is calling their bluff and they've laid out how they want to cut the debt. jessica yellin is over at the white house for us tonight with new developments. jessica, what are the specifics of this offer tonight? >> reporter: hi, wolf. according to senior officials on both sides of the aisle, the president is asking for $1.6 trillion in new taxes. that includes raising taxes for families who make $250,000 or more. you'll recognize that as a pledge from his campaign. and it also includes limiting deductions and loopholes as well as other changes to capital gains and dividends taxes. well, that is the headline for republicans, wolf, who say it is far more money in tax rates than they ever expected to hear fr
CNN
Nov 30, 2012 11:00am PST
, rope-a-dope. where does that leave us after months of hearing about the fiscal cliff, no signs of a compromise plan yet. chief white house correspondent jessica yellin here now. jessica, what happened to all this, hey, willing to work together, let's compromise, let's do what the american people want, we got a couple of days here before we go on vacation? what happened? >> reporter: i don't know. maybe it is always darkest before the dawn? that's the most optimistic way to look at it, i guess. look, the white house would look at it this way or democrats at least, they have been frustrated that they argue that republicans have not come to the table with specifics on how they would raise taxes. the president as you know campaigned on this pledge to raise taxes on the upper income, and they want to hear what republicans are willing to do on that. so they said since the republicans weren't given specifics, okay, the white house went up there, and delivered an opening position, was not written down on paper, not sort of a formal offer, here's what we want, it was a starting position
CNN
Dec 1, 2012 10:00am PST
thish to drove us off the fiscal cliff. we're in the political dance now. we've seen this time and time again. there is still three weeks for a deal to be cut. the problem is that the white house threw down a heavy marker yesterday. we'll have to see if they're willing to compromise. it's got to be compromised on both sides. >> that's right. the marker they threw down, kevin, is it the white house says actual tax rates, the top tax rate, 35%, has to go up for the rich. and that limiting deductions won't be enough to get a deal. now you wrote in the atlantic this week that despite that there is a way around this for republicans who don't want to incur the wrath of norquist or as mark suggests, voters. how? >> right. so grover norquist pledge is actually incredibly misunderstood. it's based on what washington budgeting organizations call the current law baseline. what that means is that what scheduled to go into effect already is baked into the cake. and because the bush tax cuts are expiring provisions that were voted for ten years ago, it doesn't really count as a tax hike when they're
Search Results 0 to 4 of about 5 (some duplicates have been removed)